Blogs

Data has long been regarded as an essential ingredient for daily business operations. However now, as Australia emerges from pandemic lockdowns, it’s also being seen as a potential source of revenue.

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Constantly on the hunt for ways to improve their levels of IT security amid an evolving threat landscape, many Australian businesses are turning their attention to their cyber supply chains.

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With significant improvements being seen across the payment technology space over the last five years, banks are now looking at ways they can compete with and/or leverage the payment innovation being delivered by fintechs.

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Since the consumer data right (CDR) – the legislation which governs open banking in Australia – was introduced in 2017, Australia has been taking important strides towards a ubiquitous open data future by expanding the CDR’s reach into more sectors and datasets.

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After years in hibernation, debate about the benefits and viability of robo-advice is set to resume, with Treasury’s Quality of Advice Review vowing to examine the role of digital solutions in improving advice affordability.

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